NOCIL
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The Current P/B Ratio of NOCIL is 2.97.
Share Price | ₹275.9 | Apr 24,2024 |
Market Cap | ₹4,596.5 Cr | |
Book Value | ₹1,546.4 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.97x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NOCIL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹4,596.5 Cr] as on Apr 24,2024
(/) Book Value [ ₹1,546.4 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.97x ]
Thus, for NOCIL , the investors are currently willing to pay '2.97 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of NOCIL !
The chart below summarizes the trend in P/B Ratio of NOCIL over the last five years.
Historical PB (Price/Book ) ratio chart of NOCIL
PB Ratio Performance Analysis for NOCIL
- NOCIL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.08x.
- NOCIL 's operated at median p/b ratio of 2.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NOCIL 's p/b ratio peaked in Mar2022 at 2.88x.
- NOCIL 's p/b ratio hit its five-year low in Mar2020 of 0.92x.
How does NOCIL 's P/B Ratio benchmark against top 10 peers in Chemicals Industry?
Peer Comparison (Chemicals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NOCIL | 1,546.36 | 2.97 | 4,596.5 |
PIDILITE INDUSTRIES LTD | 7,168.64 | 20.94 | 150,106.0 |
SOLAR INDUSTRIES INDIA LTD | 2,610.34 | 30.51 | 79,629.4 |
SRF LTD | 10,315.40 | 7.52 | 77,525.5 |
GUJARAT FLUOROCHEMICALS LTD | 5,520.72 | 7.30 | 40,277.6 |
DEEPAK NITRITE LTD | 4,089.96 | 7.97 | 32,593.8 |
TATA CHEMICALS LTD | 19,721.00 | 1.46 | 28,695.8 |
GODREJ INDUSTRIES LTD | 7,974.13 | 3.59 | 28,601.9 |
AARTI INDUSTRIES LTD | 4,920.06 | 5.51 | 27,108.1 |
ATUL LTD | 4,671.38 | 3.72 | 17,368.3 |
VINATI ORGANICS LTD | 2,218.29 | 7.67 | 17,007.4 |
Chemicals Industry Benchmark (Top 10) PB Analysis vs NOCIL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.46x |
Max industry PB | 30.51x |
Median industry PB | 7.30x |
Average industry PB | 9.01x |
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